02/06/2026
“𝐘𝐨𝐮 𝐧𝐞𝐞𝐝 𝟐 𝐲𝐞𝐚𝐫𝐬 𝐨𝐟 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥𝐬 𝐭𝐨 𝐠𝐞𝐭 𝐚 𝐡𝐨𝐦𝐞 𝐥𝐨𝐚𝐧 𝐢𝐟 𝐬𝐞𝐥𝐟-𝐞𝐦𝐩𝐥𝐨𝐲𝐞𝐝”
In some circumstances, this may not be the case.
This is one of the biggest misconceptions many business owners have, and it stops them from exploring opportunities to improve their property portfolio.
Some lenders may assess applications using:
➡️ 1 year of financials
➡️ BAS statements (Business Activity Statements)
➡️ Accountant's Letters
Why this matters now...
A lot of businesses have just wrapped up their FY25 tax returns. And for many, FY25 was a stronger year than FY24.
But under the old mindset:
👉 Lenders average 2 years
👉 A weaker prior year drags everything down
If your business has improved, grown, or rebounded, your borrowing capacity may be different to what you expect.
In some cases, lenders can use your BAS statements or an Accountant's letter to verify income and trading performance instead of waiting for full-tax returns.
This can be powerful if:
💠Your latest financials aren’t finalised yet
💠Your most recent trading is stronger than prior periods
If you’re not sure where you stand, get a professional opinion. The right lender, policy and structure can make all the difference to your finance strategy.
𝘈𝘴𝘴𝘦𝘴𝘴𝘮𝘦𝘯𝘵 𝘮𝘦𝘵𝘩𝘰𝘥𝘴 𝘢𝘯𝘥 𝘦𝘭𝘪𝘨𝘪𝘣𝘪𝘭𝘪𝘵𝘺 𝘸𝘪𝘭𝘭 𝘷𝘢𝘳𝘺 𝘣𝘦𝘵𝘸𝘦𝘦𝘯 𝘭𝘦𝘯𝘥𝘦𝘳𝘴 𝘢𝘯𝘥 𝘥𝘦𝘱𝘦𝘯𝘥 𝘰𝘯 𝘺𝘰𝘶𝘳 𝘪𝘯𝘥𝘪𝘷𝘪𝘥𝘶𝘢𝘭 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘤𝘪𝘳𝘤𝘶𝘮𝘴𝘵𝘢𝘯𝘤𝘦𝘴.
